Taiwan's Big 3 Drop Production 40% in Q1

Publish Date:

May 5, 2009

LIKE THEIR COUNTERPARTS in Japan, Europe and the United States, Taiwan's leading vehicle manufacturers have decreased output in 2009.

Taiwan's three most prolific vehicle manufacturers produced 204,856 two-wheelers and ATVs during the first three months of the year, down 40.3 percent compared to 342,870 units produced during the same three months of 2008. The Big 3 manufacturers include San Yang (SYM), Kwang Yang (KYMCO) and Taiwan Yamaha, according to information provided by the Taiwan Transportation Vehicle Manufacturers Association (TTVMA).

MARCH

SYM: 22,471 units, down compared to 43,386 units in March 2008

KYMCO: 40,140 units, down compared to 58,684 units in March 2008

Yamaha: 24,326 units, down compared to 36,678 units in March 2008

FEBRUARY

SYM: 11,216 units, down compared to 28,851 units in March 2008

KYMCO: 30,186 units, down compared to 37,743 units in March 2008

Yamaha: 23,376 units, down compared to 32,694 units in March 2008

JANUARY

SYM: 7,049 units, down compared to 33,673 units in March 2008

KYMCO: 22,273 units, down compared to 35,295 units in March 2008

Yamaha: 23,819 units, down compared to 35,866 units in March 2008

SYM wholesaled 426,601 units worldwide in 2008, down compared to 463,841 units in 2007; KYMCO sold 552,597 units, up from 523,838 units; and Taiwan Yamaha sold 438,534 units in 2008, up from 390,476 units in 2007.